Kashkari Says Fed Has No Reason to Hurry With Cutting Rates

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Federal Reserve Bank of Minneapolis President Neel Kashkari said policymakers should take their time in monitoring whether inflation is slowing enough to warrant interest-rate cuts.

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Fed’s Kashkari Says Rates Likely On Hold for a ‘While Longer’Federal Reserve Bank of Minneapolis President Neel Kashkari repeated the central bank likely needs to keep interest rates at the current level for “a while longer,” and questioned how much they’re restraining the US economy.
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